Investment Technology Group (NYSE: ITG), a leading agency broker and financial technology firm, today announced that John Carillo has been appointed Head of US Portfolio Trading.
In this role, Mr. Carillo will be responsible for all aspects of ITG's portfolio trading services, including executing portfolios on behalf of all US clients and offering strategic counsel and expertise for complex portfolio transactions.
Mr. Carillo joined ITG from J.P. Morgan Securities, where he was a senior sales trader in charge of marketing and trading global portfolios for institutional equity clients. Prior to joining J.P. Morgan Securities in 2002, he was a senior sales trader at Merrill Lynch, where he provided institutional clients with agency and risk-based portfolio execution and analysis. Mr. Carillo has also served as a trader for Prudential Securities and PaineWebber. Mr. Carillo holds a B.S. from Cornell University and an M.B.A. from Columbia Business School.
"ITG has always provided our clients with exceptional trading solutions," said Chris Heckman, Managing Director at ITG. "With the addition of John's experience and vision to ITG's agency offering, we can offer an enhanced high touch portfolio trading service that will be extremely beneficial to our clients."
"ITG is known in the industry for their dedication to client service, agency trading expertise and in-depth knowledge of the marketplace," said Mr. Carillo. "I look forward to building upon ITG's strong reputation as a leader in the portfolio trading space."
The ITG portfolio trading team consists of trading specialists who apply structured processes, optimal control and risk management, and unique insights to complete strategic portfolio transactions on behalf of clients. In addition, ITG's portfolio trading capabilities include access to all major liquidity sources, our proprietary list-based EMS technology and algorithmic trading strategies, and pre- and post-trade analytics to help clients maximize performance and reduce trading costs.